 Question 1

1 out of 1 points
All of the following are structures of business, except:

Selected Answer:  
Service
Answers: Partnership
Sole Proprietorship
 
Service
Corporation
 Question 2
1 out of 1 points
Businesses may also be formed according to industry types. Which one is the exception?

Selected Answer:  
Single Proprietorship
Answers:  
Single Proprietorship
Service
Merchandising
Manufacturing
 Question 3
1 out of 1 points
In other instances, businesses are classified according to its business size. Which of the following is an
exception?

Selected Answer:  
Mini
Answers: Medium
 
Mini
Large
Micro
 Question 4
1 out of 1 points
XYZ is engaged in providing software solutions to large scale companies such as McJolliee and MS
Hypermarket. At present XYZ has an asset size of P200,000,000 with 100 employees working with them. 

Given the scenario, XYZ is classified as

Selected Answer:  
Large enterprise
Answers: Partnership
 Hybrid
 
Large enterprise
Medium-sized business
 Question 5
0 out of 1 points
Which of the following are factor/s that affect the business environment?

Selected Answers:  
External Environment
 
Internal Environment
Answers: Size of Business
Industry Types
External Environment
 
Internal Environment
 Question 6
1 out of 1 points
This refers to where the organization wants to be in the future

Selected Answer:  
Vision Statement
Answers: Mission Statement
Corporate Values
 
Vision Statement
Corporate Goals
 Question 7
1 out of 1 points
This refers to what the business is doing right now or needs to do now.

Selected Answer:  
Mission Statement
Answers: Corporate Goals
 
Mission Statement
Corporate Values
Vision Statement
 Question 8
1 out of 1 points
This refers to how people in the organization should behave.

Selected Answer:  
Corporate Values
 Answers:  
Corporate Values
Vision
Corporate Goals
Mission
 Question 9
1 out of 1 points
In this time of pandemic, companies have changed in the way they operate their businesses. Most of them,
if not all, have literally brought their office equipments such as desktop and printer at home. Thus, a work
from home set-up becomes the "New Normal".  Customers of companies were also informed as to how
their products or services will be delivered. 

Luckily, companies are able to cope, to a certain extent, because of the presence of Gen X and
Millenial employees who are still adept in using the modern way of conducting business. With these in
place companies supported their employees by allowing them to use collaboration and communication
tools in the form of Zoom and Google Meet and by providing financial assistance in the form of shared-
expenses in the electricity. 

In the situation stated above, identify logistics as a resource

Selected  
Answer: Customers of companies were also informed as to how their products or
services will be delivered. 
Answers: The presence of Gen X and Millenial employees who are still adept in using the
modern way of conducting business.
 Providing financial assistance in the form of shared-expenses in the
electricity. 
Use collaboration and communication tools in the form of Zoom and Google
Meet 
 
Customers of companies were also informed as to how their products or
services will be delivered. 
 Question 10
1 out of 1 points
In the previous page, identify financial resource
Selected  
Answer:  Providing financial assistance in the form of shared-expenses in the
electricity. 
Answers: Use collaboration and communication tools in the form of Zoom and Google
Meet 
Customers of companies were also informed as to how their products or
services will be delivered. 
 
 Providing financial assistance in the form of shared-expenses in the
electricity. 
 The presence of Gen X and Millenial employees who are still adept in using the
modern way of conducting business.
 Question 11
1 out of 1 points
In the previous page, identify people/talent as a resource
Selected  
Answer: The presence of Gen X and Millenial employees who are still adept in using the
modern way of conducting business.
Answers: Customers of companies were also informed as to how their products or
services will be delivered. 
Use collaboration and communication tools in the form of Zoom and Google
Meet 
 
The presence of Gen X and Millenial employees who are still adept in using the
modern way of conducting business.
 Providing financial assistance in the form of shared-expenses in the
electricity. 
 Question 12
1 out of 1 points
In the previous page, identify technological resource
Selected  
Answer: Use collaboration and communication tools in the form of Zoom and Google
Meet 
Answers:  Providing financial assistance in the form of shared-expenses in the
electricity. 
The presence of Gen X and Millenial employees who are still adept in using the
modern way of conducting business.
Customers of companies were also informed as to how their products or
services will be delivered. 
 
Use collaboration and communication tools in the form of Zoom and Google
Meet 
 Question 13
1 out of 1 points
McJolliee's chicken and spaghetti are considered as 

Selected Answer:  
Physical products
Answers: Non-physical
 
Physical products
Physical facilities
 Logistics resource
 Question 14
1 out of 1 points
Using lalamove or grab is

Selected Answer:  
Non-physical products
Answers: Facilities
Values
Physical products
 
Non-physical products
 Question 15
1 out of 1 points
Competence, commitment, and compassion 

Selected Answer:  
Values
Answers:  
Values
Vision Statement
Mission Statement
Goals
 Question 16
1 out of 1 points
This external environment includes government policy

Selected Answer:  
Political
Answers: Social
Economic
 
Political
Technological
 Question 17
1 out of 1 points
This external factors include exchange rates

Selected Answer:  
Economic
Answers: Legal
Technological
 
 Economic
Social
 Question 18
1 out of 1 points
An external factor that includes trends and demographics

Selected Answer:  
Social
Answers: Legal 
 
Social
Environmental
Technological
 Question 19
1 out of 1 points
Innovation is 

Selected Answer:  
Technological
Answers: Environmental
 
Technological
Political
Legal
 Question 20
1 out of 1 points
External factors such as laws are

Selected Answer:  
Legal
Answers: Environmental
 
Legal
Social
Political
 Question 21
0 out of 1 points
Climate change is an external factor of what kind?

Selected Answer:  
Environmental
Answers:  
Social
 Economic
Environmental
Legal
 Question 22
0 out of 1 points
Statement 1: Technology is an internal factor affecting the business environment.

Statement 2: Technology is an external factor affecting the business environment.

Selected Answer:  
Only statement 2 is correct.
Answers: Both statements are incorrect
Only statement 1 is correct.
 
Both statements are correct.
Only statement 2 is correct.
 Question 23
1 out of 1 points
These are data that have been collected and processed into a meaningful form.

Selected Answer:  
Information
Answers:  
Information
Wisdom
Knowledge Management
Data Privacy
 Question 24
0 out of 1 points
Our present period is

Selected Answer:  
characterized by mass production
Answers: depicted by factory system
 
information intensive
characterized by mass production
characterized by farming activities
 Question 25
1 out of 1 points
Charts, scores, and videos are considered as information

Selected Answer:
True
 Answers:
True
False
 Question 26
1 out of 1 points
Information is considered as an asset.

Selected Answer:
True
Answers:
True
False
 Question 27
0 out of 1 points
Data is used in decision making

Selected Answer:
True
Answers: True

False
 Question 28
1 out of 1 points
Which of the following is not an information asset?

Selected Answer:  
Page number of a book
Answers: Institutional information
Product and process information
 
Page number of a book
Supplier information
 Question 29
1 out of 1 points
Buying patterns are considered as 

Selected Answer:  
Customer information
Answers:  
Customer information
Legal and regulatory information
Competitor's information
Supplier information
 Question 30
1 out of 1 points
 Source: https://en.wikipedia.org/wiki/Nutrition_facts_label
The above image is considered as 

Selected Answer:  
Product and process information
Answers: Institutional information
Legal and regulatory information
 
Product and process information
Management information
 Question 31
1 out of 1 points
All of the following are external sources of information, except:

Selected Answer:  
Organizational Charts
Answers: Magazines
Public newspaper
Websites
 
Organizational Charts
 Question 32
 1 out of 1 points
This refers to that information must be detailed enough as required.

Selected Answer:  
Completeness
Answers: Relevance
Cost beneficial
Accuracy
 
Completeness
 Question 33
1 out of 1 points
This is characterized by authoritativeness of an information

Selected Answer:  
It is from the right source
Answers: It is fit for purpose
 
It is from the right source
It is sufficient for use and unbiased
It is given on a timely manner
 Question 34
0 out of 1 points
A user-targeted information must possess this kind of characteristic

Selected Answer:  
It is unbiased
Answers: It is unbiased
 
It uses suitable format and style.
Its benefit should outweigh the cost
It is delivered on a timely manner.
 Question 35
0 out of 1 points
The operations head of MS Hypermarket needs a summary report about customers buying pattern from
2015 to 2020. He needs it by tomorrow at lunch time.

He received the report early morning. The report contains both customers buying pattern from 2010 to
2020.  

Selected Answer:  
The information is  both timely and relevant.
Answers:  
 The information is timely but not relevant
The information is  both timely and relevant.
The information is complete and relevant
The information is relevant but not timely
 Question 36
0 out of 1 points
All of the following are classifications of information, except:

Selected Answer:  
without bias and based on opinions
Answers: Primary and Secondary
based on facts and based on interpretation
without bias and based on opinions
 
Primary and Factual
 Question 37
0 out of 1 points

https://www.smtusa.com/blog/posts/10-amazing-faq-page-examples-and-why-you-need-
one.html#.X2KYzGgzbIU
 How is the image above displayed for users?

Selected Answer:  
as an advisory
Answers:  
as answers
as an advisory
as a historical account of events
as an instruction
 Question 38
0 out of 1 points
Which of the following pertain to user perceptions of information?

Selected Answers:  
Projective
 
Instrumental
Answers:  
Motivational
 
Projective
 
Instrumental
Timely
 Question 39
1 out of 1 points
Which of the following are Data Privacy Rights?

Selected Answers:  
The right to object
 
The right to be informed
 
The right to access
Answers: The right to life
 
The right to object
 
The right to be informed
 
The right to access
 Question 40
1 out of 1 points
Which of the following is incorrect in invoking your right Data Privacy?

Selected  
Answer:
 If an organization holds personal data about you, you have absolute access to them
Answers: You have the right to withdraw or order the destruction of your personal data.
You may claim compensation and damages for unauthorized use of your personal data.
As a data subject you must be informed that your personal data is being collected and
processed.
 
If an organization holds personal data about you, you have absolute access to them
 Question 41
1 out of 1 points
Your name was erroneously encoded on your birth certificate. What right is available to you under the Data
Privacy Right?

Selected Answer:  
The right to rectify
Answers: The right to data portability
The right to damages
The right to file a complaint
 
The right to rectify
 Question 42
0 out of 1 points
Your life story was featured in a bio-film. However, you found out that there were major
inconsistencies in the way your life had been depicted in the movie. This had adversely
affected your work and your family. 
What right can you possibly invoke?
Selected Answer:  
The right to erasure or blocking
Answers: The right to be informed
 
The right to damages
The right to erasure or blocking
The right to rectify
 Question 43
1 out of 1 points
This right allows you to obtain and electronically move, copy, or transfer your data in a secure manner.

Selected Answer:  
right to data portability
Answers:  
right to data portability
right to be informed
right to erasure or blocking
right to access
 Question 44
1 out of 1 points
Which of the following statement is correct when it comes to filing a bank loan?

Selected Answer:  
It is required to submit your valid IDs which contains personal information.
Answers: It is optional to disclose your monthly salary
It is mandatory to disclose your gender preferences
If you are engaged in business, It is optional to submit your financial statements
 
It is required to submit your valid IDs which contains personal information.
 Question 45
1 out of 1 points
Organizations who deal with your personal information are dutybound to observe and respect your data
privacy right.

Selected Answer:
True
Answers:
True
False